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Goldman Sachs: A government shutdown could deal the most severe blow to the U.S. economy in history.
[Goldman Sachs: The U.S. Government Shutdown Could Inflict the Most Severe Blow to the U.S. Economy in History] Goldman Sachs economist Alec Phillips warned that the government shutdown could have the largest economic impact ever, lasting longer than the 35-day shutdown in 2018-19, and affecting more agencies. A six-week shutdown could reduce the economic growth rate by 1.15 percentage points in the fourth quarter, with a rebound expected not until early 2026.